An all-American meat scandal has hit Shanghai, as McDonald´s and Yum´s KFC banned their Chicago-owned supplier after authorities found out it used out-dated meat. Retail analyst Ben Cavender expects a long-term damage to both restaurant chains, he tells in the China Daily.Read More →
Post Mart, a joint venture by China Post and US-based China Horizon Investments Group, it consolidating its China operation. Lack of volume is one of their key problems among its rural customers, says retail analyst Ben Cavender in the China Daily.Read More →
Classic tourists destinations like France are out for China´s rich, as they focus on more exotic destinations like the Arctic and Africa, reports the Wall Street Journal based on a new report by Rupert Hoogewerf´s Hurun Rich list. Only Switzerland survives in Europe.Read More →
High-end brands are no longer the only winners in China´s luxury industry, as affordable fashion gets the favor of consumers, and high-costs items are mostly purchased outside China, explains business analyst Ben Cavender in the China Daily.Read More →
China´s smartphone maker Xiaomi has launched its first tablet and business analyst Ben Cavender sees the company doing well in the 15-35 year bracket of consumers who never used a PC. Apple and Samsung should start to worry, he explains in Bloomberg TV.Read More →
Figures coming from China, especially recent PMI data look gloomy, but business analyst Shaun Rein does not expect any major stimulus plan soon, he tells in MoneyControl. Only high unemploymency, for example when many graduates cannot find jobs in June, could trigger off a minor stimulus plan.Read More →
Twenty years ago the internet in China became available, and no other change has made such an impacts on the Chinese society, says Kaiser Kuo, director international communication at China´s largest search engine Baidu at CNN.Read More →
China´s consumers are becoming more sophisticated and – unlike the past – they do no want to be seen in the same outfit as their colleagues. It is about customizing, not about showing off, tells business analyst Ben Cavender in CNBC.Read More →
China is trying to shift away from traditional sources of economic growth like infrastructure investment, manufacturing and property, it is not very clear what the new sources of growth are going to be. Financial expert Maria Hsu ponders in The Diplomat what direction China´s government should take.Read More →
Disappointing retail growth shows that the economy is still weak, tells business analyst Shaun Rein at Bloomberg TV. The government should do more in getting a market economy, while it is still focusing too much on the state-owned enterprises. Sustainability is more important than growth.Read More →
Once upon a time Oreo was the most popular cookie in China, but its producer Mondelez International Inc is facing major challenges, as China´s consumers change preferences very fast, explains retail analyst Ben Cavender in the Wall Street Journal.Read More →
Famous brands are losing their star status in China, as preferences of consumers shift, tells retail analyst Shaun Rein at Adage, in its 2014 of changing consumer trends in China.Read More →